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Syria-Lebanon-Iran
What’s next for Lebanon’s crisis-hit economy?
2019-11-29
[ENGLISH.ALARABIYA.NET] Leb is facing a combined political and economic crisis that has led to widespread bank closures, and semi-official capital controls limiting the amount of cash that individuals and businesses can access.

A sharp rise in demand for cash and a perilous drop in the value of the lira on the black market have also added to the country’s pressures.

But the country’s economic fallout has been a long time in the making. Below we take an in-depth look at the origins of the crisis:
Posted by:Fred

#4  Don't matter anyway, Lebanon will cease to exist soon enough.
Posted by: Seeking Cure For Ignorance   2019-11-29 09:00  

#3  Paleo imports, Iranian influence, Syrian Boot...
Posted by: Frank G   2019-11-29 08:10  

#2  Well, when I was growing up, Lebanese had this endless Civil War - with all the best atrocities.
Posted by: g(r)omgoru   2019-11-29 02:17  

#1  Gee, Lebanon used to be a ritzy tourist destination. Then, something changed...
Posted by: M. Murcek   2019-11-29 01:44  

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